LEGISLATIVE FISCAL OFFICE
Fiscal Note
Fiscal Note On: SB 16 SLS 201ES 82
Bill Text Version: ENROLLED
Opp. Chamb. Action:
Proposed Amd.:
Sub. Bill For.:
Date: July 6, 2020 3:33 PM Author: ABRAHAM
Dept./Agy.: Local Goverments
Subject: Payments In Lieu Of Ad Valorem Tax Analyst: Greg Albrecht
TAX/AD VALOREM EN NO IMPACT LF RV See Note Page 1 of 1
Provides for cooperative endeavor agreements between local governmental subdivisions and other entities that may require
payments in lieu of ad valorem taxes. (Item #28) (See Act)
Act 240 of the 2020 Regular Session (SB 396) provided statutory provisions for cooperative endeavor agreements for
payment in lieu of ad valorem taxes. Act 240 is contingent upon the adoption of the constitutional amendment contained in
Act 370 (SB 272) of the 2020 Regular Session, authorizing these types of agreements.
This bill clarifies the provisions of Act 240 that each taxing authority participating in such an agreement evidence its
approval. Contingent upon the enactment of SB 396 of the 2020 Regular Session (became Act 240).
EXPENDITURES 2020-21 2021-22 2022-23 2023-24 2024-25 5 -YEAR TOTAL
State Gen. Fd. $0 $0 $0 $0 $0 $0
Agy. Self-Gen. $0 $0 $0 $0 $0 $0
Ded./Other $0 $0 $0 $0 $0 $0
Federal Funds $0 $0 $0 $0 $0 $0
Local Funds $0 $0 $0 $0 $0 $0
Annual Total $0 $0 $0 $0 $0 $0
REVENUES 2020-21 2021-22 2022-23 2023-24 2024-25 5 -YEAR TOTAL
State Gen. Fd. $0 $0 $0 $0 $0 $0
Agy. Self-Gen. $0 $0 $0 $0 $0 $0
Ded./Other $0 $0 $0 $0 $0 $0
Federal Funds $0 $0 $0 $0 $0 $0
Local Funds $0 $0 $0 $0 $0 $0
Annual Total $0 $0 $0 $0 $0 $0
EXPENDITURE EXPLANATION
There is no anticipated direct material effect on governmental expenditures as a result of this measure.
REVENUE EXPLANATION
There is no anticipated direct material effect on governmental revenues as a result of this measure.
Senate Dual Referral Rules House
13.5.1 >= $100,000 Annual Fiscal Cost {S & H} 6.8(F)(1) >= $100,000 SGF Fiscal Cost {H & S}
Christopher A. Keaton
13.5.2 >= $500,000 Annual Tax or Fee 6.8(G) >= $500,000 Tax or Fee Increase
Change {S & H} or a Net Fee Decrease {S} Legislative Fiscal Officer


Statutes affected:
SB16 Original: 33:2759(A)(6)
SB16 Engrossed: 33:2759(A)(6)
SB16 Reengrossed: 33:2759(A)(6)
SB16 Enrolled: 33:2759(A)(6)
SB16 Act : 33:2759(A)(6)